Monthly Indicatorsstatic-lobbytools.s3.amazonaws.com/press/20121119... · Townhouse-Condo Market...
13
Monthly Snapshot As we round out the remaining two months of the year, let's recap. Most markets shed listings, resulting from strong sales and sluggish seller activity. There has been a general easing of foreclosures and short sales, meaning distressed listings are dragging prices down less than in recent years. So it's both about market fundamentals and market composition. New Listings were up 8.1 percent for detached homes and 0.6 percent for Residential real estate activity comprised of single-family properties, townhomes and condominiums combined. Percent changes are calculated using rounded figures. For residential real estate activity by members of the Florida REALTORS® One-Year Change in Closed Sales Single-Family Homes One-Year Change in Median Sales Price Single-Family Homes One-Year Change in Homes for Sale Single-Family Homes Monthly Indicators October 2012 + 25.3% + 9.0% - 31.2% 2 3 4 5 6 7 8 9 10 11 12 13 Pending Sales Closed Sales Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. attached properties. Pending Sales increased 56.7 percent for single-family homes and 47.1 percent for townhouse-condo properties. The Median Sales Price was up 9.0 percent to $145,000 for detached homes and 20.2 percent to $107,000 for attached properties. Months Supply of Inventory decreased 40.2 percent for single-family units and 39.3 percent for townhouse-condo units. The economy is growing but at a glacial pace, and economic growth in 2013 is expected to outpace 2012. Mortgage rates are expected to remain near historic lows through 2015, rents are expected to rise due to low vacancy, and financial situations in Europe, China and elsewhere, believe it or not, have an effect on your local housing market. calculated using rounded figures. Days on Market Until Sale Median Sales Price Average Sales Price Percent of Original List Price Received Housing Affordability Index Inventory of Homes for Sale Months Supply of Inventory New Listings Single-Family Market Overview Townhouse-Condo Market Overview
Transcript of Monthly Indicatorsstatic-lobbytools.s3.amazonaws.com/press/20121119... · Townhouse-Condo Market...
Monthly Snapshot
As we round out the remaining two months of the year, let's recap. Most markets shed listings, resulting from strong sales and sluggish seller activity. There has been a general easing of foreclosures and short sales, meaning distressed listings are dragging prices down less than in recent years. So it's both about market fundamentals and market composition.
New Listings were up 8.1 percent for detached homes and 0.6 percent for
Residential real estate activity comprised of single-family properties, townhomes and condominiums combined. Percent changes are calculated using rounded figures.
For residential real estate activity by members of the Florida REALTORS®
One-Year Change inClosed Sales
Single-Family Homes
One-Year Change inMedian Sales PriceSingle-Family Homes
One-Year Change inHomes for Sale
Single-Family Homes
Monthly Indicators
October 2012
+ 25.3% + 9.0% - 31.2%
23456789
10111213
Pending SalesClosed Sales
Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing.
g p p pattached properties. Pending Sales increased 56.7 percent for single-family homes and 47.1 percent for townhouse-condo properties.
The Median Sales Price was up 9.0 percent to $145,000 for detached homes and 20.2 percent to $107,000 for attached properties. Months Supply of Inventory decreased 40.2 percent for single-family units and 39.3 percent for townhouse-condo units.
The economy is growing but at a glacial pace, and economic growth in 2013 is expected to outpace 2012. Mortgage rates are expected to remain near historic lows through 2015, rents are expected to rise due to low vacancy, and financial situations in Europe, China and elsewhere, believe it or not, have an effect on your local housing market.
calculated using rounded figures.
Days on Market Until SaleMedian Sales PriceAverage Sales PricePercent of Original List Price ReceivedHousing Affordability IndexInventory of Homes for SaleMonths Supply of Inventory
New Listings
Single-Family Market OverviewTownhouse-Condo Market Overview
Single-Family Market Overview
Key Metrics Historical Sparklines 10-2011 10-2012 Percent Change YTD 2011 YTD 2012 Percent Change
+ 6.4%
Days on Market 71 59 - 16.9% 77 64 - 16.9%
Closed Sales 14,188 17,779 + 25.3% 159,788 170,010
274,922 + 0.9%
Pending Sales 15,262 23,920 + 56.7% 172,832 202,557 + 17.2%
272,580
Key metrics for Single-Family Properties Only, excluding Manufactured Housing, for the report month and for year-to-date (YTD) starting from the first of the year.
New Listings 25,912 28,001 + 8.1%
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 2
--
Months Supply 8.6 5.2 - 40.2% -- -- --
Homes for Sale 144,373 99,300 - 31.2% -- --
+ 3.0%
Affordability Index 178 177 - 0.7% 179 178 - 0.2%
Pct. of Orig. Price Received 89.3% 91.8% + 2.8% 88.4% 91.0%
+ 8.4%
Average Sales Price $198,190 $212,998 + 7.5% $206,560 $218,850 + 5.9%
Median Sales Price $133,000 $145,000 + 9.0% $132,450 $143,550
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
Townhouse-Condo Market Overview
Key Metrics Historical Sparklines 10-2011 10-2012 Percent Change YTD 2011 YTD 2012 Percent Change
Key metrics for Townhouse-Condo Properties Only for the report month and for year-to-date (YTD) starting from the first of the year.
134,726 - 3.5%
Pending Sales 7,730 11,367 + 47.1% 92,817 101,355 + 9.2%
139,601New Listings 13,738 13,824 + 0.6%
Closed Sales 7,089 8,252 + 16.4% 85,830 85,434 - 0.5%
- 14.1%Days on Market 69 63 - 8.7% 78 67
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
$105,000 + 16.7%Median Sales Price $89,000 $107,000 + 20.2% $90,000
+ 13.0%
Pct. of Orig. Price Received 90.7% 92.9% + 2.3% 89.2% 91.8% + 2.9%
Average Sales Price $149,431 $176,851 + 18.3% $158,404 $178,978
- 5.2%
Homes for Sale 77,794 50,422 - 35.2% -- -- --
Affordability Index 239 222 - 7.2% 238 225
--Months Supply 8.6 5.2 - 39.3% -- --
Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 3
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
10-2009 10-2010 10-2011 10-2012
New Listings
New ListingsSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 25,011 -5.5% 13,476 -9.6%
December 2011 21,330 -15.2% 11,393 -19.2%
January 2012 29,480 -6.1% 15,739 -8.6%
February 2012 27,932 +1.6% 14,364 -2.1%
March 2012 29,005 -5.0% 14,959 -7.3%
April 2012 27,650 +2.0% 14,033 -1.5%
May 2012 27,641 +5.8% 13,120 -1.8%
June 2012 26,432 -1.7% 12,277 -4.6%
July 2012 26,576 +6.4% 12,234 +3.4%
August 2012 27,113 -0.1% 12,529 -3.9%
September 2012 25,092 +0.2% 11,647 -6.7%
October 2012 28,001 +8.1% 13,824 +0.6%
12-Month Avg. 26,772 -0.9% 13,300 -5.3%
A count of the properties that have been newly listed on the market in a given month.
28,899
15,585
25,912
13,738
28,001
13,824
October325,190
170,431
272,580
139,601
274,922
134,726
Year to Date
2010 2011 2012
+ 0 6%11 9%+ 8 1%- 10 3% 18 1%+ 0 9%- 16 2% 3 5%2010 2011 2012 2010 2011 2012 2010 2011 2012
7 3% + 6 9% + 15 1%1 0%12 Month Avg. 26,772 0.9% 13,300 5.3%
Historical New Listings by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 4
Single-Family Townhouse-Condo
10,000
20,000
30,000
40,000
50,000
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
+ 0.6%- 11.9%+ 8.1%- 10.3% - 18.1%+ 0.9%- 16.2% - 3.5%2010 2011 2012 2010 2011 2012 2010 2011 2012
- 7.3% + 6.9% + 15.1%- 1.0%
Pending Sales
Pending SalesSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 14,413 +3.2% 7,708 -5.1%
December 2011 14,104 -1.0% 7,308 -10.1%
January 2012 17,497 +6.0% 9,280 -6.6%
February 2012 18,838 +6.3% 10,402 -2.0%
March 2012 21,152 +2.0% 11,769 -1.5%
April 2012 20,624 +11.1% 10,577 +2.9%
May 2012 20,526 +15.8% 10,428 +12.1%
June 2012 19,532 +8.4% 9,309 +6.6%
July 2012 19,865 +22.0% 9,292 +13.5%
August 2012 20,774 +23.5% 9,625 +13.2%
September 2012 19,829 +30.5% 9,306 +22.8%
October 2012 23,920 +56.7% 11,367 +47.1%
12-Month Avg. 19,256 +14.9% 9,698 +6.7%
A count of the properties on which offers have been accepted in a given month.
13,986
7,490
15,262
7,730
23,920
11,367
October
159,537
83,674
172,832
92,817
202,557
101,355
Year to Date
2010 2011 2012
+ 47 1%+ 3 2%+ 56 7%+ 9 1% + 10 9%+ 17 2%+ 8 3% + 9 2%2010 2011 2012 2010 2011 2012 2010 2011 2012
15 3% 0 8% + 21 2%0 2%12 Month Avg. 19,256 +14.9% 9,698 +6.7%
Historical Pending Sales by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 5
Single-Family Townhouse-Condo
0
5,000
10,000
15,000
20,000
25,000
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
+ 47.1%+ 3.2%+ 56.7%+ 9.1% + 10.9%+ 17.2%+ 8.3% + 9.2%2010 2011 2012 2010 2011 2012 2010 2011 2012
- 15.3% - 0.8% + 21.2%- 0.2%
Closed Sales
Closed SalesSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 13,724 +11.0% 6,827 +4.9%
December 2011 15,631 -3.7% 7,830 -8.2%
January 2012 12,296 -1.2% 6,540 -12.2%
February 2012 14,253 +2.3% 7,522 -8.7%
March 2012 18,047 -2.2% 9,863 -9.5%
April 2012 17,637 +0.9% 9,829 -3.8%
May 2012 18,869 +8.6% 10,046 +6.3%
June 2012 18,936 +6.0% 9,261 +2.1%
July 2012 17,699 +11.6% 7,971 +5.3%
August 2012 18,793 +11.6% 8,805 +6.2%
September 2012 15,701 +2.4% 7,345 -2.7%
October 2012 17,779 +25.3% 8,252 +16.4%
12-Month Avg. 16,614 +5.8% 8,341 -0.8%
A count of the actual sales that closed in a given month.
12,591
6,528
14,188
7,089
17,779
8,252
October
150,191
76,040
159,788
85,830
170,010
85,434
Year to Date
2010 2011 2012
+ 16 4%+ 8 6%+ 25 3%+ 12 7% + 12 9%+ 6 4%+ 6 4% - 0 5%2010 2011 2012 2010 2011 2012 2010 2011 2012
21 4% + 4 8% + 28 1%5 7%12 Month Avg. 16,614 +5.8% 8,341 0.8%
Historical Closed Sales by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 6
Single-Family Townhouse-Condo
2,500
5,000
7,500
10,000
12,500
15,000
17,500
20,000
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
+ 16.4%+ 8.6%+ 25.3%+ 12.7% + 12.9%+ 6.4%+ 6.4% - 0.5%2010 2011 2012 2010 2011 2012 2010 2011 2012
- 21.4% + 4.8% + 28.1%- 5.7%
Days on Market Until Sale
Days on MarketSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 69 -5.5% 69 -8.0%
December 2011 70 -2.8% 68 -8.1%
January 2012 71 -9.0% 71 -5.3%
February 2012 72 -10.0% 70 -14.6%
March 2012 70 -14.6% 71 -17.4%
April 2012 66 -18.5% 71 -14.5%
May 2012 64 -19.0% 68 -17.1%
June 2012 61 -21.8% 66 -16.5%
July 2012 60 -21.1% 62 -15.1%
August 2012 60 -16.7% 63 -14.9%
September 2012 59 -18.1% 61 -16.4%
October 2012 59 -16.9% 63 -8.7%
12-Month Med.* 65 -15.6% 67 -14.1%
Median number of days between when a property is listed and when an offer is accepted in a given month.
72 7171 69
5963
October
6569
77 78
6467
Year to Date
2010 2011 2012
8 7%2 8%- 16 9%- 1 4% + 13 0%- 16 9%+ 18 5% 14 1%2010 2011 2012 2010 2011 2012 2010 2011 2012
+ 14 3% 11 0% 17 9%7 8%12 Month Med. 65 15.6% 67 14.1%
* Days on Market for all properties from November 2011 through October 2012. This is not the Median of the individual figures above.
Historical Days on Market Until Sale by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 7
Single-Family Townhouse-Condo
50
60
70
80
90
100
110
120
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
- 8.7%- 2.8%- 16.9%- 1.4% + 13.0%- 16.9%+ 18.5% - 14.1%2010 2011 2012 2010 2011 2012 2010 2011 2012
+ 14.3% - 11.0% - 17.9%- 7.8%
Median Sales Price
Median Sales PriceSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 $134,900 -0.1% $91,000 +1.1%
December 2011 $135,000 0.0% $93,500 +4.0%
January 2012 $128,900 +6.5% $94,500 +18.1%
February 2012 $133,000 +7.3% $95,000 +18.8%
March 2012 $138,000 +9.5% $103,000 +21.2%
April 2012 $144,000 +9.5% $108,975 +17.2%
May 2012 $147,125 +8.6% $112,500 +14.2%
June 2012 $151,500 +8.5% $110,000 +15.8%
July 2012 $149,000 +8.5% $104,000 +13.0%
August 2012 $147,000 +5.8% $103,000 +13.2%
September 2012 $145,000 +7.4% $105,736 +18.8%
October 2012 $145,000 +9.0% $107,000 +20.2%
12-Month Med.* $142,000 +6.8% $103,000 +14.4%
Point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month.
$139,100
$85,000
$133,000
$89,000
$145,000
$107,000
October
$140,000
$94,500
$132,450
$90,000
$143,550
$105,000
Year to Date
2010 2011 2012
+ 20 2%+ 4 7%+ 9 0%- 4 4% - 4 8%+ 8 4%- 5 4% + 16 7%2010 2011 2012 2010 2011 2012 2010 2011 2012
2 7% 3 4% - 14 1%- 20 6%12 Month Med. $142,000 +6.8% $103,000 +14.4%
* Median Sales Price for all properties from November 2011 through October 2012. This is not the Median of the individual figures above.
Historical Median Sales Price by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 8
Single-Family Townhouse-Condo
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
+ 20.2%+ 4.7%+ 9.0%- 4.4% - 4.8%+ 8.4%- 5.4% + 16.7%2010 2011 2012 2010 2011 2012 2010 2011 2012
- 2.7% - 3.4% - 14.1%- 20.6%
Average Sales Price
Average Sales PriceSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 $201,854 +1.2% $153,812 +2.8%
December 2011 $209,772 +1.8% $167,160 +6.9%
January 2012 $199,390 +4.9% $161,809 +18.0%
February 2012 $201,183 +3.4% $166,199 +13.1%
March 2012 $213,174 +7.6% $173,988 +13.8%
April 2012 $232,657 +8.5% $190,971 +11.4%
May 2012 $233,365 +6.7% $197,645 +12.3%
June 2012 $234,560 +5.2% $188,326 +10.1%
July 2012 $217,200 +1.4% $172,726 +8.6%
August 2012 $218,291 +6.7% $176,383 +11.5%
September 2012 $213,873 +6.3% $172,974 +13.1%
October 2012 $212,998 +7.5% $176,851 +18.3%
12-Month Avg.* $216,969 +5.3% $176,337 +11.8%
Average sales price for all closed sales, not accounting for seller concessions, in a given month.
$205,696
$145,240
$198,190
$149,431
$212,998
$176,851
October
$205,653
$159,607
$206,560
$158,404
$218,850
$178,978
Year to Date
2010 2011 2012
+ 18 3%+ 2 9%+ 7 5%3 6% 0 8%+ 5 9%+ 0 4% + 13 0%2010 2011 2012 2010 2011 2012 2010 2011 2012
+ 2 9% + 0 4% - 7 4%12 3%12 Month Avg. $216,969 +5.3% $176,337 +11.8%
* Average Sales Price for all properties from November 2011 through October 2012. This is not the Average of the individual figures above.
Historical Average Sales Price by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 9
Single-Family Townhouse-Condo
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
+ 18.3%+ 2.9%+ 7.5%- 3.6% - 0.8%+ 5.9%+ 0.4% + 13.0%2010 2011 2012 2010 2011 2012 2010 2011 2012
+ 2.9% + 0.4% - 7.4%- 12.3%
Percent of Original List Price Received
Pct. of Orig. Price Received
Single-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 89.6% +2.0% 90.5% +2.4%
December 2011 89.5% +1.8% 90.7% +2.3%
January 2012 89.5% +2.1% 90.9% +2.0%
February 2012 89.8% +2.7% 90.8% +2.9%
March 2012 90.1% +3.2% 90.8% +3.2%
April 2012 90.7% +3.3% 90.8% +2.9%
May 2012 91.1% +3.3% 91.6% +3.2%
June 2012 91.6% +3.2% 92.0% +3.0%
July 2012 91.5% +3.0% 92.5% +3.2%
August 2012 91.9% +3.0% 92.6% +2.8%
September 2012 91.6% +2.5% 92.8% +2.5%
October 2012 91.8% +2.8% 92.9% +2.3%
12-Month Avg.* 90.8% +2.8% 91.6% +2.8%
Percentage found when dividing a property’s sales price by its original list price, then taking the average for all properties soldin a given month, not accounting for seller concessions.
88.0% 88.8%89.3% 90.7%91.8% 92.9%
October
89.4% 89.1%88.4% 89.2%91.0% 91.8%
Year to Date
2010 2011 2012
+ 2 3%+ 2 2%+ 2 8%+ 1 5% + 0 1%+ 3 0%- 1 1% + 2 9%2010 2011 2012 2010 2011 2012 2010 2011 2012
1 6% + 2 5% + 5 0%+ 1 0%12 Month Avg. 90.8% +2.8% 91.6% +2.8%
* Pct. of Orig. Price Received for all properties from November 2011 through October 2012. This is not the Average of the individual figures above.
Historical Percent of Original List Price Received by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 10
Single-Family Townhouse-Condo
80%
82%
84%
86%
88%
90%
92%
94%
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
+ 2.3%+ 2.2%+ 2.8%+ 1.5% + 0.1%+ 3.0%- 1.1% + 2.9%2010 2011 2012 2010 2011 2012 2010 2011 2012
- 1.6% + 2.5% + 5.0%+ 1.0%
Housing Affordability Index
Affordability IndexSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 178 -3.3% 237 -4.3%
December 2011 178 -1.8% 233 -4.8%
January 2012 185 +2.5% 232 -4.8%
February 2012 182 +3.2% 233 -4.2%
March 2012 175 -0.0% 218 -7.0%
April 2012 172 +0.5% 212 -4.3%
May 2012 171 +0.9% 209 -2.8%
June 2012 168 +0.5% 214 -4.2%
July 2012 172 +1.9% 225 -1.2%
August 2012 173 +1.1% 226 -3.8%
September 2012 178 +0.3% 225 -6.6%
October 2012 177 -0.7% 222 -7.2%
12-Month Avg. 176 -4.4% 224 -21.6%
This index measures housing affordability for the region. An index of 120 means the median household income is 120% of what is necessary to qualify for the median-priced home under prevailing interest rates. A higher number means greater affordability.
178
256
178
239
177
222
October
177
238
179
238
178
225
Year to Date
2010 2011 2012
7 2%6 6%0 7%+ 0 1% 0 2%- 0 2%+ 0 9% 5 2%2010 2011 2012 2010 2011 2012 2010 2011 2012
+ 9 6% + 10 3% + 19 4%+ 26 0%12 Month Avg. 176 4.4% 224 21.6%
Historical Housing Affordability Index by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 11
Single-Family Townhouse-Condo
100
125
150
175
200
225
250
275
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
Single-Family Townhouse-Condo
2010 2011 2012
- 7.2%- 6.6%- 0.7%+ 0.1% - 0.2%- 0.2%+ 0.9% - 5.2%2010 2011 2012 2010 2011 2012 2010 2011 2012
+ 9.6% + 10.3% + 19.4%+ 26.0%
Inventory of Homes for Sale
Homes for SaleSingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 144,419 -21.8% 78,296 -27.6%
December 2011 138,081 -21.9% 74,962 -27.1%
January 2012 138,183 -21.5% 75,390 -25.9%
February 2012 136,935 -20.8% 74,062 -24.8%
March 2012 133,876 -20.5% 71,394 -24.5%
April 2012 130,257 -20.4% 68,955 -24.1%
May 2012 126,274 -20.7% 65,859 -24.9%
June 2012 122,257 -20.6% 62,844 -25.5%
July 2012 117,874 -21.5% 60,267 -26.0%
August 2012 112,868 -23.6% 57,405 -27.7%
September 2012 107,148 -26.4% 54,203 -30.4%
October 2012 99,300 -31.2% 50,422 -35.2%
12-Month Avg.* 125,623 -22.4% 66,172 -26.8%
The number of properties available for sale in active status at the end of a given month.
186,458
109,478
144,373
77,794
99,300
50,422
October
2010 2011 2012
35 2%28 9%31 2%- 22 6%2010 2011 2012
+ 8 7% + 10 0%12 Month Avg. 125,623 22.4% 66,172 26.8%
* Homes for Sale for all properties from November 2011 through October 2012. This is not the Average of the individual figures above.
Historical Inventory of Homes for Sale by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 12
Single-Family Townhouse-Condo
50,000
75,000
100,000
125,000
150,000
175,000
200,000
225,000
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
2010 2011 2012
- 35.2%- 28.9%- 31.2%- 22.6%2010 2011 2012
+ 8.7% + 10.0%
Months Supply of Inventory
Months SupplySingle-Family
Year-Over-YearChange
Townhouse-Condo
Year-Over-YearChange
November 2011 8.6 -27.6% 8.6 -34.2%
December 2011 8.2 -27.2% 8.3 -32.4%
January 2012 8.2 -26.4% 8.4 -29.6%
February 2012 8.1 -25.5% 8.3 -27.0%
March 2012 7.9 -25.0% 8.0 -25.5%
April 2012 7.6 -26.7% 7.7 -25.4%
May 2012 7.3 -26.8% 7.3 -26.0%
June 2012 7.0 -26.2% 6.9 -26.3%
July 2012 6.6 -27.7% 6.6 -27.1%
August 2012 6.2 -30.4% 6.2 -29.1%
September 2012 5.8 -33.9% 5.8 -32.8%
October 2012 5.2 -40.2% 5.2 -39.3%
12-Month Avg.* 7.2 -28.3% 7.3 -29.6%
The inventory of homes for sale at the end of a given month, divided by the average monthly pending sales from the last 12 months.
12.013.5
8.6 8.6
5.2 5.2
October
2010 2011 2012
39 3%36 5%40 2%- 28 2%2010 2011 2012
+ 6 2% 13 3%12 Month Avg. 7.2 28.3% 7.3 29.6%
* Months Supply for all properties from November 2011 through October 2012. This is not the Average of the individual figures above.
Historical Months Supply of Inventory by Month
Note on the Historical Line Chart: If no activity occurred during a month, no data point is shown and the line extends to the next available data point.Data as of November 15, 2012. All data from the multiple listing services located in Florida. Provided by Florida REALTORS®. Powered by 10K Research and Marketing. | Click for Cover | 13
Single-Family Townhouse-Condo
5.0
10.0
15.0
20.0
25.0
30.0
1-2008 1-2009 1-2010 1-2011 1-2012
Single-Family Townhouse-Condo
2010 2011 2012
- 39.3%- 36.5%- 40.2%- 28.2%2010 2011 2012
+ 6.2% - 13.3%
